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HEP SUPERVISORY BOARD CONSENTS TO CONTRACTS WITH ENRON

ZAGREB, Aug 23 (Hina) - The Supervisory Board of the Croatian Power Industry (HEP) on Wednesday gave consent for the signature of contracts between the HEP ('Hrvatska Elektroprivreda d.d.') and the Enron Europe Ltd. According to a statement released by the HEP public relations office, this refers to five deals: the cooperation agreement, the contract on the termination of the current contract on the lease of capacities and on production, the contract on the termination of the current contract on the provision of power supplies, the contract on the right for the construction of a power plant in Jeretovac (outside Zagreb) and the contract on the provision of power supplies. The HEP Assembly endorsed the decision of the Management and the Supervisory Board pertaining to the aforementioned agreements.(hina) ms
ZAGREB, Aug 23 (Hina) - The Supervisory Board of the Croatian Power Industry (HEP) on Wednesday gave consent for the signature of contracts between the HEP ('Hrvatska Elektroprivreda d.d.') and the Enron Europe Ltd. According to a statement released by the HEP public relations office, this refers to five deals: the cooperation agreement, the contract on the termination of the current contract on the lease of capacities and on production, the contract on the termination of the current contract on the provision of power supplies, the contract on the right for the construction of a power plant in Jeretovac (outside Zagreb) and the contract on the provision of power supplies. The HEP Assembly endorsed the decision of the Management and the Supervisory Board pertaining to the aforementioned agreements. (hina) ms

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